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3.26 Bitcoin Morning Market Analysis
Yesterday evening, the price pulled back from the high of 71968, with the lowest point testing 70550, then initiated a shock rebound. Currently, the price is running around 71033, overall in a range-bound shock repair pattern, with multi-directional and short-directional game relatively balanced.
From the 5-minute level perspective, after the price rebounded from the low of 70550, it failed to break through the previous high, and entered shock consolidation in the short term. The overall major trend remains bearish-leaning, with the rebound being a repair after the decline. The main idea maintains high short positions, not chasing longs.
Operation Suggestions
Take profits in batches at the 71500-72000 range short positions, target below 70000-70500. If the 70000 integer level is broken through, hold the position and continue watching lower toward 68800✓$BTC $ETH #加密市场回涨 #美国提出15项条件和谈方案